THURSDAY, NOVEMBER 12,
1931.
BUSINESS DIRECTORY
DRAWNWORK & EMBROIDERIES
SWATOW TRADING Co.
Established 1910. MANUFACTURERS OF Swatow Drawn Work
AND
Art Embroideries
ANNOUNCE GRAND
OPENING SALE
NOW ON
AT NEW BRANCH STORE GLOUCESTER BUILDING
ARCADE.
SWATOW TRADING CO.
'HEAD OFFICE:-6 Pedder Bt.
Opposite Hong Kong Hotel. 'Phone 23303.
ATTRACTIVE TAILORING
The Latest In
Gentlemen's Outfitting
AT PRICES TO SUIT ANY PURSE.
PERFECT FIT
AND-
RELIABLE
SUITINGS.
WING HING CO..
Gentlemen's
Outfitters
64, Queen's Rd. C. Tel. 21417.
Yery Nice Woolen Materials
For
Making Ladies' DRESSES
&
OVERCOATS
Also
FURS &
SILK
HOSIERY Expert Tailoring
Department.
LEE MOW
Chinese Silk Hosiery Store
No. 1, D'Aguilar Street
DENTISTS.
HARRY FONG, Dentist,
1st floor, No. 74, Queen's Road
Tel. 21255. Central.
TANG YUK, Dentist.
Succestora to
the late SIEN TING.
16, Aguilar Street.
TERMS VERY MODERATE Consultalion Free.
ENGINEERS & SHIPBUILDERS.
W. S. DAILEY & CO. LTD.,
Kowloon Bay. New Work & Repairs. Call Flug “L” Sole Agents for Kelvin Motors.
FRUITS.
Now in season CALIFORNIA PEARMAIN APPLES Just Arrived $9.00 per box. This is the most famous apple in the Orient. Quality: Crisp, juicy. sweet and highly aromatic. Excellent keeping quality. Try a box.
WING COFFEE CO.
Tel. 25869 139, Des Voeux Road, C.
PHOTO - SUPPLIES
Kodaks and Cameras.
Films, Plates and Papers, etc. Developing, Printing and Enlarging,
ZIESS and BUSCH FIELD GLASSES.
Price Moderate.
A Trial Order is Solicited
A. SEK & CO.
Tel No. 23459. 26A, Des Voeux Road, C.
LITERATURE.
BOOKS for All
Bibles, Pocket Testaments, Prayer Books and Stationery. General Literature Presentation Books Children's Books a Speciality. THE BOOK & BIBLE DEPOT. Wyndham Street,
Next to King's Theatre.
Agents for.
British & Foreign Bible Society The Religious Trnet Soclety and The League of Nations' Society.
GENERAL PROVIDERS.
Just
arrived
A Finc
Selection
of
GENTLEMEN'S AUTUMN HATS.
We have also a very fine range of TIES in all the latest new Autumn colours and patterns.
WE SOLICIT A TRIAL.
THE CENTRAL CO. 193, Des Voeux Road C. Tel 27628.
HAIR DRESSERS.
LEE YEE,
Ladies' and Gentlemen's Hair Dressers & Booksellers.
No. 12, D'Aguilar Street. (opposite Queen's Theatre).
LIANG YOU
LADIES & GENTS'
HAIRDRESSERS.
Also
MR. ST. OUEN,
PERMANENT WAVING
ESSENTIAL TO PROGRESS.
THE CHINA MAIL.
Commerce and Finance
Sir William Larke
and Tariffs.
Not profits for the year waya. to June 30 have fallen from £68,338 to £21,086, though this latter figure is supplemented by transferring the balance of the in- veatment depreciation reserve of £6,095.
་
After providing $10,453 for in- come-tax balance, the board are "Progress or Poverty was the able to declare a 4 pc. dividend subject of an address given by Sir on the. Ordinary capital (against William Larke, Director of the 71⁄2 previously) by reducing the National Federation of Iron and forward balance from £106,355 to Steel Manufacturers, at a luncheon | £84,280. As against a book value of the Engineering Section of the of £354,495, the market value of Incorporated Society of British the investments at June 30 WILD Advertisers at the Halborn Res- £357,865. It has since fallen to taurant recently.
£333,505, but it is stated that from
Sir William Larke said that in the nature of the securities there Britain 28 per cent. of the popula- is reason to anticipate ́ a recovery tion were directly employed in in- in due course. dustry, apart from agriculture, as
compared with 20 per cent. in│IMPERIAL CHEMICAL DIVIDEND. Belgium and Germany, 17 per cent. In the United States, and 16
That the interim dividend of
per cent. in France. Since the 11⁄2 per actual declared by Im war an impression seemed to haveporial Chemical Industries for the persisted that industry could sup-current calendar year is only half port any burden that could be the rate of the corresponding dis placed upon it, and we had almost tribution is less important than killed the goose that laid the the fact of the payments, for it golden eggs.
was feared in some quarters that the dividend would be passed al- together.
Departure from the gold stan- dard had given an artificial atimulus to our exports and limit- led imports, but it was in no way an alternative to the adoption of In tariff policy. Tariffs were es- Rential to restore the balance of trade, though tariffs might not be the only method.
.
More important still is the in-1 dication that the necessary money has been earned. There has been no haste about the declaration, so that the review of net income for the first six months of the year has been thorough.
Аа
some scepticism about the
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
-
Ankkarimē Deplial umma
turned and Pally. Pald-up woman. 186,800,000 Boomer Fylki
manere #18,000,000 Matarve Elabile al Pesgélekers m 000,000,000 MHEAD OFFION: HONG KONG.
BOARD OF DIRECTORÉ)– XM XẠ 0, 0). 6. Maskis.
Hon. Mr. J. J. Pducunt, -
Dayaty Chatman.
1. K. Campton, Eve. 3. A. Flammet, Bas.
4
Mr..._301, T. X Turss, Bes Landa Lovia, Blog, T. 1. 1. BL, B J. R. Warren, Bay. “ukin. Bag
AMOT
·BANGTOK
BATAVIA
WOMBAY
DALOGUITA
Ukint Massaan.
“G. Onybara, Mon
ANOMES:——
LONDON
LYONS
MALADGA
MANILA
MGAM (Tabera.
BANTON
MUIDEN
SEXPOG
NEW XORK
COLCKBO DAIREN FOODKOW MATTEGER
PRIFIKE
KLAHO
ПРОМ JOHORE - SOR
TOWLOON
FENAXS
BAXGOOX
VAICON
RAX FRANCIBOG
KHAMOHA
SINGAPORE
NOURABATA
"
SUNORI PATAN!
TOXXO TSINGTAO ΣΟΚΟΗΑΜΑ
MALA LUMPUR.
ti
Serrana Aenensis opened in Lead Carrier 21 Pizad Daposlio recivet to oga pro smarter perioda is Loes! Curranty and Bioci
sarm which will be quoted an nyplovila. Xoay Tre 2 February, 10
HONG KONG SAVINGS BANK.
The Maddies of the shers Bask to madneb- ed by the HONG KONG AND SHANGHAI, BANKING CORPORATION.
balmed application.
FOR THE HONGKONG AND IRANOMAI BANKING CORPORATION,
V. M. GRATZUEN,
Hong Kong, 29th July, 1900,
Currency Standard. As regards the international dividend survived until the last situation. Britain should take the moment, the knowledge o The de. lead in calling an international claration stiffened the quotation conference for establishing a stan of the shares in the street but the dard of currency for international market refrains from discounting trade which might be independent the potential advantages which THE BANK OF CANTON, LTD. of fluctuation due to the state of
Chemical Imperial
Industries
the trade balances between coun-should derive from the fall in try and country. A world drifting sterling or a tariff favourable to towards bankruptcy in the midst home producers of fertilisers. of plenty was not a hopeless pro- position.
The only bankruptcy was at present of brains and cour-
age.
The world was not suffering from over-production, but from
EXCHANGES.
TO-DAY'S QUOTATIONS,
On London-
1/5
under-consumption because of mis- Bank, wire
management of the distribution of Bank, on demand... 1/5 1/16 its goods in the proper markets. Hand, 4 months' sight 1/5 3/18
to Credits. He appealed to industrialists view their commercial and indus- trial interests from Д national Documentary, 4
and combine their point of view
means and resources
to produce
an irresistible selling force in all On demand the markets of the world.
Es- Credits, sight
introductory Price $20. pecially he surged that attention On Berlin-
King's Theatre Bldg..
Ground Floor.
Tel. 20315.
LADIES' AND GENTLEMEN'S HAIR DRESSING SALOON.
ON LOK
(AH HING)
10. Wyndham Street, 1st Floor. Entrance On Lan St, Tel. 22317.
OPTICIANS.
THE HONG KONG OPTICAL COMPANY,
'Phone 22232.
53, Queen's Rond Central,
SHOES.
Pair
Black or Brown Shoes from $8.00. Black or Brown Boots from $8.50. Children's Boots or Shoes from $2.00. Best styles, most complete stock of all sizes, Ropairing a speciality. WONG SIU WOON 21, Pottinger St. Phone 21474.
SPORTING GOODS.
ATHLETIC GOODS
AT
THE LIANG YOU CO.
70, Queen's Road Central
be paid to our Imperial markets, which presented a great and rich field.
VULCAN FOUNDRY.
Established 1918.
Head Oflen-Hong Kear.
Lothariond Deplia) (ILK. Quærunty) $11,000,000 P-Up Capim «INTE
PRANDIZES --
1,100,000
Camina," Fangkal, Hanley, Eraser, Bangkot. Now York and kun Fronalars.
CORSESPONDENTS
LONDON BANKKES ›----
The lord's Bank, Limited.
In all peluolpał cities of the Weil
Former stakangs and banking instanse at wory declyton benanted.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON.
1
Paid-up Capital
£8,000,000
Reserve Fond
£4,000,000
Reserve Liability of Pro-
prietors
£3,000,000
ALOB BTAR
AMRITUAN
agencies and Branchen:
BANGKOK BATAVIA BONDAY CALOUTTA
CANTON DAWNPOR
OKUU
COLOMBO DAIREN
VELTI HAIPHONG HAMBURG MANZOW HARDIN HONG KONG
ILOILO
ПРОП
хови
KUOHINO
MADILAN
J
BAIGON
SEMARANG
ARBAMBAN
THE HO HONG BANK,
(Established 1917.)
LTO.
READ OFFICE:--SINGAPORE. Hong Kong Branch: 13, Queen's Rd, C.
Authorized Capital Straits $20,000,000 Jasued Capital....:
馆
8,000,000
Paid-up Capital
Reserve Liabilities
ᎨᎢ .
4,000,000
4,000,000
2,087,000
of Shareholders. Surplus
Branches, Agencies and Correspon- dents in the principal elties of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager.
MANILA
MEDAN
NEW YORK
PEPING (1'king)
PENANO
RANGOON
BANQUE DE L'INDOCHINE.
HEAD OFFICE:
96, Boulevard Haussmann, PARIS.
Capital fully paid up .Fra. 120,000,000 Reserves (31.12.1980) Fra. 110,508,454
BRANCHES:
SHANGHAI BIKOLPORN SITIAWAN
BOURABAYA
ΤΑΙΡΙΝΑ TIKKIBIN
TOXXO
FARAONI
KLANO
TONGKAH (buket)
TEINGIAO
KUALA KANGBAR
TOKOHAMA
KUALA LUMPUZ
KAMBOANGA
Foreign Exchange and General
Saigon
Handl
· Indo-Chins. ' Chian.
Canton Fort-Bayard
Other Places.
Bangkok
Banking business transacted.
Battambang Hankeou Djibouti
Current Accounts opened and Fix-Haiphong ed Deposits received for one year or shorter periods at rates, which will be quoted on application.
J. STUART,
Manager.
Hong Kong, 17th August, 1981.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADIKO SOCIETY}
BANTERS.
Palabkühed 18,
Mg Kong Ofoe:—-3), Chanoi's Bond Comsest. Axkberland Capital - Culidaen 156,800,508- (432,930,206.) Pold-Up Duplai manuum Ogādes 13,000,000 Koneers Fusé : Ouilders' 66,011,006 (ELİNLĻINK
Hood
Mo—AMSTERDAM"
Hathorn Hood OmoniumBATAVIA. BRANCHES 1- Bandjarmasin, Bandowna". Boobay. Dalonia, Charthon, Djember, Fjar jakarta®, The Hague", Jokiah, Kela, LoomBlažja, Makassar, Mačan, Pačkog Palecabang, Fabiangsa, Finang. Postanek Bangaon Bordam”. Bemang Shanghai, Sibol (Sumales), Bisigapore, Bourb Bosaari (Bole), Tagsí, Zjiin{ay noỗ Walirereden",
• These ollaan kara sala depozit botes be lak. Landon Backres-Maisonial Provincial Bank Ltd. Correspondente all over the world
Beating boxinges of every description transacted. —
A. STOKKINK,
Hong Kong, 18k Angori, 1900.
THE
Mannew.
Chief Manager. AMERICAN EXPRESS. COMPANY.
ING.
Head Office: 65, Broadway, New York.
„U.S.$6,000,000 1.8.31,572,454 .U.8.$1,908,209
Bats Dapon's Boss (variona chum) si a party
4 months'
cantal a free $5 to $40.
LOOK POONG SHAN,
sight
1/64
months sight
1/6%
On Paris-
675
4 montha'
THE BANK OF CHINA. 行銀國中
745
On demand
Nom
On New York-- On demand
264 Credits, 60 days' sight 28
On Bombay.. Wire On domand
special charter of The National Goy erament a3 25
Reorganised October 28, 1928, under
Capital
Surplus
Reserves
INTERNATIONAL EXCHANGE
· BRANCHES ---
·BANK.
931/2
93
Subscribed Capital....$25,000,000,00 Paid-up Capital ......$24,710,200,00
..$ 3,820,308.8 Reserve Funda
Atalardam Anamorp
G
Glasgow
BATARE
Naples Plins
Hamborg
Parla
· Berlia
Bleri
Bomb
981⁄2
HEAD OFFICE: SHANGHAL
93%
Boscos Aire Üsire
Пато Interlaken Jarumalan 13 Loudca Idropool Zerne
60%
HONG KONG BRANCH: 4 Queen's Road Central.
Lugano
Con
Lion
Monte Darla
Mapila
Muslah
53%
Montreux
On demand
Like most other industries, the locomotive building business is
On Colcotta- passing through a period of de-
Wire pression, the severity of which On demand may be gauged by the experience On Singapore- of the Vulcan Foundry, the 67 year-old locomotive manufacturing On Manila- concern. World-wide financial chaos, the board say, coupled with shrinking rallway traffic, and un. certainty as to future types of con- struction, have produced a virtual cessation in the demand by rail-
ALEXANDER INSTITUT DE BEAUTE
Phone 25163, Pedder Building
(1st Floor)
Opposite Entrance to Hong Kong Hotel
Lustrous 01 Permanent Hair Wavee which are Large, Soft and Natural, Artistle Finger and Marcel Waves, Oil Treatment, Shampooing, Henna Pack (any colour), Hair Cutting and Mani. cure for Ladies and Gentlemen. Con- scientious, Artistic Work by European Expert, Mr. Alexander.
CHARGES MODERATE.
A VISIT WILL CONVINCE YOU.
FOR SALE.
On demand
On Shanghal- On demand Dollar
74% 12% die.
On Yokohama— On demand Sovereigns
buying rate)
.: 54 (Bank's
1/64
Silver (per oz.)
20%
Bar Silver in Hong
Kong.
Nom.
Copper Cash
Nom.
Copper, Cants
3% prem.
Rate of Native In-
torest
32% D.A. Chinese Sub. Coin .. 25%% die. Hong Kong Sub. Coln. Par.
LONDON EXCHANGES
Rugby, Yesterday,
962
Purls New York Montreal
Berlin Stockholm
Copenhagen..
Oslo
3.79
4.20%
27 3/16
19 7/16
Owing to our numerons branches in China and large connections in the im- pertant commercial centres of the world, we are able to extend to our ellents special facilities for domestis and foreign banking and exchanges.
We also handle the lane of Bonds and other Public Funds of the Chin 116 Gevarnment both at home and
abroad.
Colombo Constantinople Copenhagen Zálabergh
مداني
Pasang Faking
Palermo Botterda Home Bimbo Shanghai Beatpo Bagapor 64, Morile Tikala
Vie
Trios Karska, Zurick
Fortam GODITE
Branches of American Express
Company in Principal elties of Unit ed States of America and Canada.
1
All classes of Commercial Banking Transactions undertaken.
Personal
Manager, handled.
SHOU J, CHEN, Hong Kong, 5th March, 1981.
investment
accounta
THE YOKOHAMA SPECIE BANK, Chequer" and Letters of Credit and,
LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 .Yen 116,200,000 Reserve Fund
Head Office:-YOKOHAMA.
Branches and Agencies at:
Alexandria
Batavia Berlin
Nagasaki
Nagoya
Newchwang
New York
Desks
Paris
Palping
Rangoon
Brussels
Geneva Amsterdam
Milan
9 7/16 79%
16 1/16
Bombay
17 13/16
Calcutta Canton
173⁄4
17%
Changchun
Dairen
(Dalny)
Flower and Vegetable SEEDS
Vienna
28.
Prague
128
Hamburg
Helsingfors
1914
Hankow
Harbin
Indication points to a
Madrid
482
Kong
HEAVY DEMAND
Liabon
109%
for acede
Athens
315
Bucharest
68214
Rio
8 15/16
Hai Turn Karachi Kobe
London
Buenos Aires
'39
Los Angeles
Tokyo
Montovideo'
*28
Manis
Telngtan
Bombay
·1/0
1/10
Hollday
2/7-%
THIS SEASON.
To be sure of getting very variety you wish we suggest that you ORDER TO-DAY.
GRACA & CO.,
No. 10, Wyndham Street,
P..O. Box $20. Hong Kon
Shankhaf Hong Kong
Yokohama...**
Silver Spot ... 287 Silvor Forward
20%
--British Wireless Bervice."
Fongtien (Mukden) Rio de Janeiro
San Franciaco Beattie Semarang Shangha Bhimomosek
Singapore Hoarabaya Sydney Tientsin
The Company offers to intending Travellers the use of its "Trassiere in addition, the world-wide services of its thoroughly equipped Travel De- partment.
Affiliated with
THE CHASE NATIONAL BANK Resources ..Over G$2,500,000,000
E. W. DUGGAN, -
Manager,
THE
Capital and Burplus Total Resources
Gnatho
Thanh Hoa Hus
Noumea
Hongkong Mongtze Nara Dinh Peping Papeote
Prom-Penh Shanghai
Quinhon
Tonraus
Vinh
Tiontain
Pondicherry
Yunnanfoo Singapore
Every description of Banking and Exchange Business transacted.
Interent allowed on Current Accounta and Fixed Deposits according to ar- rangements.
Safe Deposit Boxes to let. Travellers' cheques issued.
A. BONNAUD,
Manager.
5, Queen's. Road Central, Franch Bank Building. Hong Kong, 1st November, 1981.
THE NATIONAL CITY BANK OF NEW YORK.
HEAD. OFFICE: 55, Wall Street,
· New York.
Capital, Surplus and
Undivided Proŝts ..U.8.$226,087,392
Brancher in para ARGENTINE LONDON
BELGIUM BRAZIL
CHILE
OHINA COLOMBIA
GUBA
DOMINICAN
REPUBLIC
INDIA
ITALY JAPAN
MEXICO
PANAMA PERU PHILIPPINE
ISLANDS PORTO RICO STRAITS
SETTLEMENTS GRUGUAY VENEZUELA
Commercial and Travellers' Letters
of Credit, Travellers Chequna, Bills of Exchange and Cable Transferu bought and sold. Current accounta and Savings Bank accounts opened and Fixed Deposits in local and for eign currencies taken at rates that may be ascertained on application to the Bank.
We are also able to offer our Cus.. tomers the services of the Branches of the International Banking Corpora- tion in San Francisco and Bpain and also of The National City Bank of New York (France), By In Paris and Nica
F. M.D. COURTNEY,
Manager. Hong Kong, June 16, 1981.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, FormHOGS.
Incorporated by Special Imperial Charter, 1899,,
· Garden! Bank in Forsaak. Bank-Notae Mared ärengs amount w/T02, 48,308,000 BRANCHES AND AGEROLES 1 JAPAN Tokyo, Yollama, Zebs, Ossics. FORMOSA Mubea, Kagli Karak Kondang. Makong, Nazio, Shinakiku, Taichm, Talmany Takso, Tampul, Tan, Kallo, Talla, CHINA (=dhanghal, Hankowy: Amoy, Foochow
Bestow, Chalon,
OTHERS-Bg Long, Bagapors. Someshaya,
Bataria, Bombay,
London, New York Dairen. KAAR
ZONDON BANKEES:
The London County Wasimlorier sol Parr's Bask The Bank Correspondents in all ike prinolysi Coumarola Ceziens throughout the world.
K. MAGURA.
Manager.
EONG KONG BRANCH:
3,226. Vanaz Boud Gautend. Long Toog 19th Jannwry, 1839.
LTD.
over. H.$ 8,000,000.00 over HL$30,000,000.60
Interent allowed on Current do counts.
Deposits received for fixed periods at rates to be obtained on application.
H. MORI,
Manager. Hong Kong, 11th Beġtember, 1981.
BANK OF EAST ASIA,
Established 1918.
HEAD' OFFICE:
10, Des Voeux Road, Central. HONG KONG.
Every description of Banking and Exchange business transacted.
•
Current and Fixed Deposit Accounts in local and for- eign currencies opened for clients.
Savings Account and Safe Deposit Boxes. Branches and Agencies all over the world.
KAN TONG PO,
Chief Manager.
༧ སྒ་༔